Rich Harvey

That's not going to happen.

So I think the key is to be realistic.

If you can't afford to get a four-bedroom house, get a two-bedroom unit.

Get a foot on the ladder.

The other thing is to be flexible.

You know, you might start out with trying to get a three bedroom villa or a townhouse and realize, you know what, I actually can't afford it, but I do want to be in this location.

I think fundamentally location is probably the most important thing to focus on to start with.

And then think about upgrading the property type as you get more income and as you get more equity behind you.

Don't keep up with the Joneses.

Make a start.

Get on the property ladder and that way you can then start to build some equity.

You know, I know for myself, I used to put up on the back of my wall a dream chart, you know, and it was fun.

You cut out pictures of magazines and statements and ideals and you put it up and, you know, you can actually make your vision a reality, not just by looking at that, but just by a visual reference every day to have some expectations and take a step toward those goals every day.

Yeah, this is the biggest stumbling block, I reckon, Craig, for most people.

I talk about planning, but I think second to that is getting the deposit together.

So obviously, if you're a younger person, getting that deposit is going to be challenging.

And to be honest with you, I never got any help from my parents, but I'm actually looking to help my kids to get into the market simply because it is just such a big mountain to climb.

Now, if you're trying to buy a million dollar property, you need 20% deposit, that's 200K.

And not many 23-year-olds have 200K sitting in their bank account.

So how do you do that?